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20121222
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boehner and nancy pelosi. if they can't work this out and we go over the cliff it means smaller pay checks automatic spending cuts and according to some economists possibly another recession. molly henneberg tracking developments tonight at the white house. what are you hearing? >> hi, harris. senate republican leader mitch mcconnell confirmed it and the white house made it official. there will be a hearing here tomorrow according to a white house aide. it will be on the schedule that the president will talk fiscal cliff with those four top congressional leaders that you mentioned, harris. the president returned to washington today. he cut his hawaiian vacation short to get back to the white house for any possible last minute fiscal cliff meetings and it appears there will be one tomorrow. harris? >> well, what kind of response is the president getting from lawmakers at this point? >> well, senate republicans say they are willing to listen to any ideas the president has as to how to find a way forward. here is more. >> last night i told the president we would be happy to look at whatever h
he heard from any democrat, president, senator reid, nancy pelosi, anybody in about a month in terms of talking about the fiscal cliff. so everyone has sort of delayed really facing all of th up against the deadline now, jon. jon: that seems clear. ed henry at the white house there. ed, thank you. stay on it for us. for more on this let's bring in the editor of "campaigns & elections" magazine, shane deapril. campaigns and elections might be appropriate here because some say there is a lot of political posturing going on. you have said the feeling in washington it might actually be better to go over the cliff and come back and negotiate. why? >> yeah. now, this is of course purely political campaign calculation here, tossing aside the nation's fiscal health frankly. for both side i think there is good argument to be made for congressional leaders, democratic leaders and republican leaders in particular, there may be less political risk here actually if we do go over the cliff and figure out a solution very quickly afterwards. if you go back to what happened with plan b, speaker boehn
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